Slide 1 Economic factors NATIONAL LEVEL Gross Domestic Product Gross Domestic Product (GDP) is the broadest quantitative measure of a nation's total economic activity. More…

Slide 1 Ch. 7: Aggregate Demand and Aggregate Supply Del Mar College John Daly ©2003 South-Western Publishing, A Division of Thomson Learning Slide 2 Aggregate Demand Aggregate…

Slide 1 ECONOMIC MEASURES In order to ensure that our economic goals of full employment, stable prices and economic growth are met, our government constantly takes measurements…

Slide 1 Principles of Macroeconomics: Exam  MC in-class-Tuesday February 15  30 questions, 3.3 marks each  Plus 1 free mark!!  Covers chapters 5-11.  Brief…

Slide 1 slide 0 CHAPTER 5 The Open Economy In Chapter 5, you will learn…  accounting identities for the open economy  the small open economy model  what makes…

Gross Domestic Product GDP Is the most important measure of economic activity. Is a measure of the income and expenditures of an economy. Whatâs a Gross Domestic Product?…

The Trade Policy and the Balance of Payments Teresita S. Cadiz, MD, MHPEd, FPOGS Prof. Marjorie Rola , PhD Development Planning The Trade Policy and the Balance of Payments…

Economic Indicators Economic Indicators Gross Domestic Product (GDP) Housing Starts Retail Sales Unemployment Rate Consumer Price Index (CPI) Interest Rate Trade Balance…

12-* Exchange Rate in the Long Run In the long run, exchange rate is determined by the relative purchasing power of the two currencies in their respective countries. 12-*…

Review of the previous lecture Nominal interest rate equals real interest rate + inflation rate. Fisher effect: nominal interest rate moves one-for-one w/ expected inflation.…